FXCM is not the prettiest of interfaces, the website in particular. However, aesthetics apart, you can be sure FXCM is the business for forex trading. It has an interesting mix of trading platforms, comprising MetaTrader 4, ZuluTrade, Trading Station, TradingView, and NinjaTrader. Forex news Minimum deposits, dependent on account and currency type, range from $50 upwards. You may wish to investigate Admiral Markets with a demo account first before committing yourself. Their demo accounts last for 30 days and give you a live trading experience but with virtual cash.

  • To know if the customer support is quick, you have to test it yourself.
  • Forex trading costs consist of 3 aspects, bid offer spread, commissions and swap fees.
  • Therefore, it is imperative that you check what fees will be applicable when trading forex at your chosen site.
  • This fee will be deducted from your account balance and subsequently charged on a daily basis.
  • On top of buy/sell and market/limit orders, this should cover stop-loss and take-profit orders.
  • IG is the only broker that is regulated in both Switzerland and the U.S., in addition to nearly a dozen global licenses — making IG one of the most trusted brokers.

They will have multiple methods that are easy to use for you to get into contacts with them such as phone, live chat, or email and their staff will be knowledgeable. The very best social trader tools review like eToro have everything built-in.

Step 2: Fund Your Account

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Our research team conducts thorough testing on a range of features, including each broker’s individual products, services, and tools . We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. IG is the only broker that is regulated in both Switzerland and the U.S., in addition to nearly a dozen global licenses — making IG one of the most trusted brokers. Even beginners will appreciate Forex.com’s charting tools however, as the uniformity across web and mobile platforms with forex.com ensures a consistent trading experience.

TD Ameritrade enhances trader usability on the ThinkOrSwim platform through various forms of technology for trading forex. The desktop program, website feature, and mobile trading app are all presented with an account https://www.plus500.com/en-US/Trading/Forex dashboard, balances, positions, and more. The trading platform is designed to provide traders with an easy-to-use experience and enhance their levels of trading with powerful analysis tools and real-time data.

Desktop Platform

We feature more than 100 Forex and crypto currency pairs along with more than 80 technical indicators and analytical tools. They do go after new forex traders and support them well with an extensive library of educational resources. However, the actual platform itself may appear daunting at first for newbies with its array of forex tools and levers. Furthermore, on regulation, some only have temporary permission to operate in the UK.

forex trading platforms

The third Best Forex Trading Platform was Launched in 2011 with headquarters in St Vincent, Grenadines, and the United Kingdom, and it is known as OCTAFX. It has about 10 Million+ forex trading accounts, https://www.sitejabber.com/reviews/dotbig.com and it covers more than 150 countries around the world. It is also a regulated broker, which makes it a reliable broker. The tradable assets include currency pairs, Index CFDs, and cryptocurrencies.

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